See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $19,962 |
Service code 27 · EIN 46-0615386 | Advisory (Plan) | $7,809 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,716 | $61,052-51.3% | $142,863-79.2% | $79,386-62.6% |
| Participation rate | 21.7% | 60.1%-38.4pp | 71.9%-50.2pp | 70.7%-49.0pp |
| Annual return | 13.60% | 16.02%-2.4pp | 5637.54%-5623.9pp | 116.85%-103.3pp |
| Employer contribution / active EE | $0 | $1,481-100.0% | $4,144-100.0% | $2,427-100.0% |
| Participant deferral / active EE | $492 | $2,879-82.9% | $3,837-87.2% | $4,046-87.8% |
| Admin fee / account holder | $333 | $659-49.5% | $6,560-94.9% | $626-46.9% |